Economy
GDP (Gross Domestic Product)
Definition
The total monetary value of all goods and services produced within a country's borders in a given period, usually a year.
Explanation
GDP is the most widely used measure of economic output. It includes consumer spending, government expenditure, business investment, and net exports. GDP can be measured in nominal terms (current prices) or real terms (adjusted for inflation). The United States, China, and Japan have the three largest GDPs in the world.
See Current Data
Explore gdp (gross domestic product) data for all 218 countries with interactive charts and historical trends.
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